USD/JPY: Simple trading tips for beginner traders on September 4th (U.S. session)
USD/JPY: Simple trading tips for beginner traders on September 4th (U.S. session)
Analysis of trades and tips for
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Analysis of trades and tips for trading the Japanese yenThe test of 148.37 occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. The second test of 148.37 a short time later coincided with MACD being in the overbought area, which allowed scenario #2 for selling the dollar to play out, resulting in a decline of only 17 points.During the U.S. trading session, USD/JPY faces a test of strength under the
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